Pound falls lower against the dollar and euro
Sterling also hit a nine-month low against the euro, and was down against the yen and Swiss franc.
Bank of England governor Mark Carney said on Friday the chances of a no-deal Brexit were “uncomfortably high”.
On Sunday, international trade secretary Liam Fox put the odds at “certainly not much more than 60-40”.
The falls come despite a rise in UK interest rates, which usually pushes up the value of sterling.
Since the beginning of the month, the pound has fallen 1.7% against the dollar and 0.8% against the euro.
More publications in category UK Business
- Singapore Travel Guide – Must-See Attractions
- The Bulgarian National Museum of History Displays Rare Exhibits to Celebrate 140 Years of the Constituent Assembly
- Bulgarian Football Nationals Remain without Victory after Difficult Draw with Kosovo
- Singapore’s office decentralisation
- Can Hong Kong’s carrot and stick approach prove effective in improving stock market quality?